Saudi Arabia-based Arab Petroleum Investments Corp (Apicorp) plans to acquire a shipping asset and could close that deal either year-end or in the first quarter of 2016, its chairman told Reuters on Thursday.
The World Islamic Banking Conference (WIBC) 2015, hosted by Bahrain next month, will gather seasoned economists, asset managers and investment bankers providing a holistic view of asset allocation opportunities for next year, the organiser of
Mondelez International is exploring a sale of its European cheese and grocery business, which could be valued at around $3 billion, according to people familiar with the matter, as it sharpens its focus on snack foods and refreshments.
Nikko Asset Management, a leading asset manager, has launched a Luxemburg-domiciled Asia ex-Japan Equity UCITS fund that will allow Middle Eastern investors to tap into investment opportunities in Asian markets.
Arab Petroleum Investments Corporation's (Apicorp) asset quality and capital adequacy remain strong, despite the drop in global oil prices, according to a Moody's Investors Service report.
The rating ag
Bahrain-based Gulf International Bank (GIB), owned by the six GCC countries, has won the 'Fastest Growing Asset Management Bank, Saudi Arabia' award from the international business magazine Global Banking and Finance Review. The
Deutsche Asset and Wealth Management has appointed Albert Trinkl as head of Institutional Asset Management Mena, Global Client Group.
Trinkl is based in Dubai, UAE and reports functionally to Barbara Rupf Bee,
LPTIC, Libya's leading postal, telecommunications and information technology company, has consolidated several Libyan-owned shareholding in mobile and fixed-line network operating companies in sub-Saharan Africa.
Almost 70 per cent of Middle Eastern wealth is transferred overseas, an expert has warned.
To attract this wealth, Islamic asset managers need to compete with institutions overseas by providing both attractive yields and a superio
Bentley Systems, a leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, has launched its AssetWise APM V7.3, an enhanced version of the firm’s asset performance management offering.